The lender plans to execute the job reductions by primarily relying on demographic changes and natural workforce fluctuations ...

If UniCredit SpA Chief Executive Officer Andrea Orcel thought victory for the business-friendly conservatives in next week’s ...

For 2025, Commerzbank expects net interest income to land in the 7.7 billion to 7.9 billion euro range, with annual net commission income growth of 7%. It also forecast a decline in its net result to ...

Commerzbank plans to axe 3,900 mostly local jobs to help it deliver more ambitious profit targets as part of its strategy to ...

Commerzbank said today it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp ...

The new Commerzbank CEO has unveiled her strategy for the coming years. With restructuring and cost reductions, business processes are set to be streamlined, making the bank leaner and more efficient.

"There are still a few steps to go, but we are ready to increase our stake in Generali to 20%," Milleri told Il Sole 24 Ore, ...

The results mark a year since chief executive CS Venkatakrishnan announced a three-year plan aimed at boosting growth and returning £10bn to shareholders. Group revenue climbed 24 per cent to £7bn, ...

German lender Commerzbank is slashing almost 4,000 jobs and lifting financial targets as it moves to repel takeover moves from Italy’s UniCredit.

Banco BPM It full of profits and has an ambitious plan, snubbing the offer recently presented by Unicredit and raising ...

Andrea Orcel, CEO of UniCredit, discusses the firm's fourth-quarter results, the bank's investment in Commerzbank, and interest rates.

COMMERZBANK on Thursday (Feb 13) said it would cut 3,900 jobs and unveil more ambitious financial targets as part of a strategic revamp designed to head off UniCredit’s advances for a tie-up between ...